Estimates of Offshore Wealth Held by Indians – 2 Articles
‘New Estimates of Offshore Wealth Held by Indians’; Also: ‘How Much Indian Black Money Is Stashed Away in Swiss Banks? Nearly $1 Trillion, Says This Book’.
-
-
MSMEs in India: Nation’s Progress Depends on Them
Unorganized sector of which agriculture is an important part employs 94% of the work force but contributes 45% to the GDP. Thus, incomes here are very low compared to the organized sector where 6% of the workers work and produce 55% of the output.
-
Govt Outsourced Critical Projects Worth Rs 500 Crore to Consultancies in Last 5 Years: Report
The petroleum sector received the highest number of assignments, valued at over Rs 170 crore, from the Ministry of Petroleum and four of its PSUs, while nine organisations under the power ministry outsourced assignments worth Rs 166.41 crore to multinational consultancies.
-
Resist the Corporate-State Nexus’ Attempt at Looting People’s Resources of Majingmali, Odisha
The Forum condemns the attempts of OMC and the police to initiate mining operations in Majingmali. FACAM demands the immediate re-calling of all police and paramilitary forces from Majingmali and the end of militarization at the service of big corporates for the loot of natural resources.
-
India’s Flawed Development Model Leading to Disasters in the Himalayas – 3 Articles
‘Disasters in Himachal Pradesh and Uttarakhand Point to Flawed Development Model’; ‘Why Landslides, Happening Extensively Across the Himalayas, are Likely to Get Worse’; ‘Chilly Winter Awaits Thousands of Homeless Households Following Himalayan Disasters’.
-
How Indians are Endangering the Health of Their Domestic Workers: New Study
A new report by non-profit Jagori paints a grim picture of the way Indians treat their 50 million domestic workers. The report highlights the health impact of their hazardous workplaces, i.e. the Indian home. Many other countries in the region do far more than India does for domestic workers.
-
The Dangers of Outsourcing Government Planning to Global Consulting Firms
A critical examination of the Union government’s engagement of Boston Consulting Group to finalise ‘Vision 2047’ for India.
-
Unemployment May Impact India’s Economic Growth in FY24; But Bihar Creates Jobs
Declining manufacturing activity, a slowdown in the services sector, rising unemployment, and air pollution may pose a challenge to India’s projected economic growth. Also: “With Job ‘Mahakumbha’, Nitish Kumar Foregrounds Importance of Promises Kept”; and “ Employment Versus Hindu-Muslim Politics”.
-
Overpricing of Coal Imports by Adani Group Led to Higher Profits, Customers Overcharged for Fuel: FT
A detailed FT investigation points to Adani’s use of “offshore intermediaries” to import $5 billion worth of coal at prices that were at times more than double the market price. One of these firms is owned by a Taiwanese businessman who was named by FT as a hidden shareholder in Adani firms.
-
Making Sense of Recent Developments in the Indian Labour Market
The PLFS for 2022-23 reports the highest workforce participation rate and the lowest unemployment rate in the last six years. This has been the result of the entry of an increasing number of women into agriculture. Stagnant household incomes are pushing women into low-paid self-employment.
